HIGHCROFT, HILLBARN AVENUE, SOMPTING, LANCING, BN15 0LR - £358,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HIGHCROFT is a small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £358,000 in October 2017, which was around 25% below the average October 2017 detached price in the Adur local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

HIGHCROFT Sold Prices

Land registry data shows two sales for HIGHCROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Both of the two HIGHCROFT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 20 OCT	£358,000	£479,220	25% below HPI
2009 3 AUG	£190,000	£266,232	29% below HPI

HIGHCROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The two HIGHCROFT sales from August 2009 and October 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is HIGHCROFT?

HIGHCROFT is 74m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Sompting, based on EPC data. The below chart shows the distribution of detached houses by size in Sompting, and where HIGHCROFT lies on this distribution: 27% of detached houses are smaller than HIGHCROFT, and 73% of houses are larger. Note that EPC data is not available for all properties in Sompting.

HIGHCROFT: Plot and Title Map

HIGHCROFT sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of HIGHCROFT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of HIGHCROFT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is HIGHCROFT?

HIGHCROFT is located on HILLBARN AVENUE in SOMPTING, in the BN15 postcode district. The below map shows the position of HIGHCROFT on HILLBARN AVENUE.